Starpharma: VivaGel® Condom Receives TGA Device Certification - Launch Preparations to Follow
21 Julho 2014 - 12:05AM
Business Wire
Starpharma (ASX:SPL) (OTCQX:SPHRY) today announced achievement
of a major milestone with the receipt of Conformity Assessment
Certification for the VivaGel® condom by the Australian Therapeutic
Goods Administration (TGA). This TGA certification is similar to CE
certification of devices (CE Mark) in Europe.
Starpharma’s marketing partner, Ansell (ASX:ANN) plans to launch
the VivaGel® condom under their brand, LifeStyles Dual Protect™, in
the coming months, following listing on the Australian Register of
Therapeutic Goods (ARTG). TGA certification will also support
certain regulatory processes in other markets.
The VivaGel® condom is a world-first product based on innovative
Australian technology. It is the only condom of its type, providing
barrier protection and incorporating a proprietary antiviral
compound (VivaGel®) in the lubricant.
LifeStyles Dual Protect™ condoms to be marketed by Ansell will
carry the VivaGel® brand and Starpharma will receive royalties
based on sales.
Ansell President & General Manager, Sexual Wellness Global
Business Unit, Peter Carroll, said:
“Ansell looks forward to rolling out its marketing and sales
campaign to support the launch of LifeStyles Dual Protect™ over the
coming months with the first product expected to be available on
shelves soon.
“Our partnership with Starpharma is a great example of two
highly innovative Australian businesses working together to bring
to market a ground-breaking new sexual health product. New product
development is central to Ansell’s business strategy and this
highly innovative product is exciting for both companies.”
Ansell is a global leader in protection solutions, manufacturing
and marketing condoms across the world and ranked number two
globally. In Australia, Ansell’s share of the condom market is
around 70%. The global branded condom market is estimated to be
worth approximately $1.1 billion.
“With the launch of LifeStyles Dual Protect™ expected in the
near future, certification by TGA marks another major milestone for
the VivaGel® condom and our partnership with Ansell, one of the
world’s leading condom companies and healthcare innovators,” said
Starpharma Chief Executive Officer, Dr Jackie Fairley.
“The LifeStyles Dual Protect™ condom is a great example of a
globally significant innovation pioneered, developed and
commercialised by two Australian companies.”
LifeStyles Dual Protect™ condoms are lubricated with VivaGel®
lubricant, which contains 0.5% astodrimer sodium (previously
SPL7013, also referred to as VivaGel®). Condoms can help reduce the
risk of pregnancy and condom use may help reduce the risk of
transmission of HIV/AIDS and other STIs. VivaGel® is intended to
help reduce the risk of exposure to viruses that cause STIs, having
been shown in laboratory studies to inactivate up to 99.9% of HIV
(human immunodeficiency virus), HSV (herpes simplex virus) and HPV
(human papillomavirus).
Extensive international consumer research conducted in condom
users confirms a high level of consumer interest in the VivaGel®
condom concept with more than 80% of participants surveyed rating
the product as very interesting and more than 90% indicating they
would buy it.
In Australia, the prevalence of STIs continues to rise. Genital
herpes, caused by HSV, is estimated to affect one in eight
Australians aged 25 years and over, although many people are
unaware of their status and can pass on the infection without
knowing.1 Alarmingly, the rate of newly diagnosed HIV infections
rose 10% in the 12 months to the end of 2012 – the largest increase
in 20 years.2 The number of infections diagnosed in 2013 remains at
a 20-year high and represents a 70% increase over the number
detected in 1999, when diagnoses were at their lowest.3
The TGA Conformity Assessment Certification was achieved after
examination by TGA of the evidence of conformity of the VivaGel®
condom to the Essential Principles for medical devices, which set
out the requirements relating to the safety and performance of
products.
Starpharma has a licensing agreement that provides marketing
rights to Ansell for the VivaGel® condom in countries outside of
Japan. In Japan Starpharma has licensed the product to Okamoto
Industries, Inc. Okamoto is Japan’s leading marketer of condoms
with approximately 60% of the Japanese condom market, the second
largest global market next to the US.
Achievement of this regulatory milestone for the VivaGel® condom
follows Starpharma’s announcement in March 2014 of regulatory
certification of the VivaGel® condom in Japan. Regulatory processes
are ongoing in a number of other markets and this TGA approval will
support some of these.
-ENDS-
LifeStyles Dual Protect™ is a trademark of AnsellVivaGel® is a
registered trademark of Starpharma
1
http://www.sexualhealthaustralia.com.au/page/genital_herpes.html
2 The Kirby Institute. HIV, viral hepatitis and sexually
transmissible infections in Australia – Annual Surveillance Report
2013. The Kirby Institute, The University of New South Wales. 3 The
Kirby Institute. HIV, viral hepatitis and sexually transmissible
infections in Australia – Annual Surveillance Report 2014. The
Kirby Institute, The University of New South Wales.
Media:Buchan ConsultingRebecca Wilson, +61 417 382
391rwilson@buchanwe.com.auTahlia Weston, +61 3 9866
4722tweston@buchanwe.com.auorStarpharma:Dr Jackie Fairley,
+61 3 8532 2704Chief Executive OfficerNigel BaadeCFO and Company
SecretaryInvestor.relations@starpharma.comwww.starpharma.com
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